September 8, 2014

The Detroit Pistons today announced that power forward Greg Monroe has signed the team’s one-year qualifying offer for the upcoming 2014-15 season. Other outlets have reported that the deal is worth $5.48 million.

“I look forward to playing for Coach Van Gundy and his staff,” said Monroe. He has a proven track record and I’m excited about working with my teammates to get better and prepare for the season.”

Monroe, a restricted free agent, signed a below-market deal given his talent and numbers, but will be able to become an unrestricted free agent at the conclusion of next season.

The deal also reunites a talented Pistons frontline that includes Josh Smith and Andre Drummond.

“I have said from day one that we have great respect for Greg as a person and like what he brings to this team as a player,” said Stan Van Gundy, Head Coach and President of Basketball Operations for the Detroit Pistons. “We have had good dialogue with Greg throughout the offseason with the understanding that there were multiple options for both parties involved, and we respect his decision. We look forward to a great year from Greg as we continue to build our team moving forward.”

The 6-foot-11, Gretna, LA native has averaged 15.0-plus points, 9.0-plus rebounds, 2.0-plus assists, and 1.0-plus steals in each of his last three seasons. He has recorded 101 double-doubles since 2011-12 – second most in the Eastern Conference (Joakim Noah – 102) and recorded his third consecutive season with 1,000-plus points and 600-plus rebounds, joining Grant Hill as the only Pistons to do so since 1994-95.